NorthMarq Capital’s Washington, D.C. office arranges $23.4 million construction financing for luxury hospitality property in Alta, Utah
Luxury Hospitality
WASHINGTON D.C. (June 7, 2017) NorthMarq Capital’s Washington D.C. regional office arranged construction financing of $23.4 million for a to-be renovated/repositioned luxury hospitality property located in Alta, Utah. Upon completion, the property will contain ± 70 rooms and is anticipated to re-open in the fourth quarter of 2018.
Meet our team
About Northmarq
Northmarq is one of the largest privately held commercial real estate firms in the United States, combining a nationwide presence with deep local expertise. With more than 50 offices across the country, we provide a full suite of debt, equity, investment sales, loan servicing and fund management solutions for a comprehensive range of property types. Our unique structure allows us to connect clients with the best opportunities, yet be nimble enough to ensure access to every expert across our company. The firm manages a loan servicing portfolio of over $78 billion and has completed $69.5 billion in transactions over the past three years. At Northmarq, collaboration fuels results, helping clients achieve success in every market, nationwide. For more information, visit www.northmarq.com.
